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Singapore Private Sector Loses Steam In December - Nikkei

The private sector in Singapore continued to expand in December, albeit at a slower rate, the latest PMI from Nikkei showed on Friday with a score of 52.7.

That's down from 53.8 in November, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, total growth in new orders fell slightly, leading to weaker increase in output.

Inflationary pressures continued to intensify, while capacities stretched amid a slower rise in employment.

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